1,724 Shares in The Walt Disney Company $DIS Bought by Kaydan Wealth Management Inc.

Kaydan Wealth Management Inc. acquired a new position in shares of The Walt Disney Company (NYSE:DIS) in the 2nd quarter, Holdings Channel reports. The fund acquired 1,724 shares of the entertainment giant’s stock, valued at approximately $214,000.

A number of other large investors also recently made changes to their positions in DIS. MJT & Associates Financial Advisory Group Inc. bought a new position in shares of Walt Disney during the 1st quarter valued at approximately $26,000. Kessler Investment Group LLC boosted its holdings in shares of Walt Disney by 274.0% in the 1st quarter. Kessler Investment Group LLC now owns 273 shares of the entertainment giant’s stock valued at $27,000 after buying an additional 200 shares in the last quarter. Copia Wealth Management purchased a new position in shares of Walt Disney during the 4th quarter valued at approximately $36,000. Vermillion Wealth Management Inc. acquired a new stake in Walt Disney during the 4th quarter worth $39,000. Finally, First PREMIER Bank lifted its position in Walt Disney by 72.2% in the first quarter. First PREMIER Bank now owns 489 shares of the entertainment giant’s stock valued at $48,000 after buying an additional 205 shares during the last quarter. Institutional investors and hedge funds own 65.71% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on DIS shares. Needham & Company LLC reissued a “buy” rating and issued a $125.00 price objective on shares of Walt Disney in a report on Thursday, September 4th. Barclays upped their price target on Walt Disney from $120.00 to $140.00 and gave the company an “overweight” rating in a research report on Wednesday, July 9th. Rosenblatt Securities increased their target price on Walt Disney from $140.00 to $141.00 and gave the stock a “buy” rating in a report on Monday, August 11th. Guggenheim lifted their target price on Walt Disney from $120.00 to $140.00 and gave the company a “buy” rating in a research report on Friday, June 27th. Finally, Chardan Capital restated a “buy” rating on shares of Walt Disney in a research report on Monday, August 11th. One analyst has rated the stock with a Strong Buy rating, nineteen have given a Buy rating and eight have given a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $131.18.

Walt Disney Stock Down 1.0%

DIS opened at $113.71 on Friday. The company has a market capitalization of $204.44 billion, a PE ratio of 17.82, a PEG ratio of 1.66 and a beta of 1.55. The firm’s 50 day simple moving average is $117.71 and its two-hundred day simple moving average is $109.15. The Walt Disney Company has a 1-year low of $80.10 and a 1-year high of $124.69. The company has a current ratio of 0.72, a quick ratio of 0.66 and a debt-to-equity ratio of 0.32.

Walt Disney (NYSE:DIS) last announced its quarterly earnings data on Wednesday, August 6th. The entertainment giant reported $1.61 earnings per share for the quarter, beating analysts’ consensus estimates of $1.45 by $0.16. The company had revenue of $23.65 billion during the quarter, compared to analyst estimates of $23.69 billion. Walt Disney had a net margin of 12.22% and a return on equity of 9.67%. The firm’s revenue for the quarter was up 2.1% on a year-over-year basis. During the same quarter last year, the business posted $1.39 EPS. As a group, equities analysts forecast that The Walt Disney Company will post 5.47 EPS for the current year.

About Walt Disney

The Walt Disney Company operates as an entertainment company worldwide. It operates through three segments: Entertainment, Sports, and Experiences. The company produces and distributes film and television video streaming content under the ABC Television Network, Disney, Freeform, FX, Fox, National Geographic, and Star brand television channels, as well as ABC television stations and A+E television networks; and produces original content under the ABC Signature, Disney Branded Television, FX Productions, Lucasfilm, Marvel, National Geographic Studios, Pixar, Searchlight Pictures, Twentieth Century Studios, 20th Television, and Walt Disney Pictures banners.